| 28. | Trade and other payables |
| 31.12.2016 | 31.12.2017 | 31.12.2017 | ||||||||||
| RMB’000 | RMB’000 | US$’000 | ||||||||||
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Trade and bills payables (i) |
4,672,750 | 5,177,123 | 817,948 | |||||||||
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Other payables |
362,856 | 366,604 | 57,921 | |||||||||
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Accrued expenses |
841,942 | 843,447 | 133,258 | |||||||||
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Accrued staff costs |
406,261 | 622,893 | 98,413 | |||||||||
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Dividend payable |
37,851 | 39,786 | 6,286 | |||||||||
|
Associates and joint ventures |
91,439 | 102,111 | 16,133 | |||||||||
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Other related parties |
120,619 | 125,411 | 19,814 | |||||||||
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Financial liabilities at amortized cost (Note 36) |
6,533,718 | 7,277,375 | 1,149,773 | |||||||||
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Other tax payable |
42,750 | 51,387 | 8,119 | |||||||||
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Trade and other payables with liquidity risk (Note 33) |
6,576,468 | 7,328,762 | 1,157,892 | |||||||||
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Deferred grants (Note 17) |
21,939 | 22,270 | 3,519 | |||||||||
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Deferred income (ii) |
170,000 | — | — | |||||||||
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Advance from customers |
76,636 | 117,117 | 18,503 | |||||||||
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Total trade and other payables (current) |
6,845,043 | 7,468,149 | 1,179,914 | |||||||||
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| (i) |
As of December 31, 2017, the trade and bills payables include bills payable to joint ventures, associates and other related parties amounted to RMB 63,600 (US$10,048) (2016: RMB 50), RMB 8,560 (US$1,352) (2016: RMB 12,210) and RMB 114,749 (US$18,129) (2016: RMB 133,708) respectively. |
| (ii) |
This relates to the Group’s transfer of technology know-how to a joint venture. Upon completion of engineering design services for the heavy-duty engine platform for the joint venture in 2017, revenue has been recognized in the consolidated statement of profit or loss under the line item “other operating income”. |
| 31.12.2016 | 31.12.2017 | 31.12.2017 | ||||||||||
| RMB’000 | RMB’000 | US$’000 | ||||||||||
|
Provision for bonus (i) |
133,928 | 148,287 | 23,428 | |||||||||
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Deferred income (ii) |
2,844 | 8,060 | 1,274 | |||||||||
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Other payables (non-current) (Note 33, Note 36) |
136,772 | 156,347 | 24,702 | |||||||||
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| (i) |
The provision is not expected to be settled within next 12 months. |
| (ii) |
This relates to progress payments received for sale of lands and will be credited to profit and loss upon completion of the sale. |
Terms and conditions of the above financial liabilities:
| • |
Trade payables are non-interest bearing and are normally settled on 60-day terms. |
| • |
Other payables (current) are non-interest bearing and have an average term of three months. |
| • |
For terms and conditions relating to related parties, refer to Note 30. |